Irish Drinks Sector Exports Total €1.25bn In 2013, Led By Whiskey Growth
Published on Jan 8 2014 5:14 PM in Drinks
Irish alcoholic beverage exports totalled €1.25 billion in 2013, according to a report published by the Alcohol Beverage Federation of Ireland (ABFI).
Accounting for around 31% of the overall total, the United Kingdom remains the largest market for Irish alcoholic beverage exports, with growth also being reported in Asia, the Middle East, Africa and South America.
Whiskey exports enjoyed double-digit growth in 2013, with popularity increasing in the United States, Asia, Russia, Europe and Australia. Due to global demand and a further rise in whiskey sales expected, more than €300 million has been invested into Irish whiskey distilling over the past two years.
According to the ABFI, the Bord Bia report highlights the importance of the Irish drinks industry, and are urging the government to support Irish exports in order to further boost economic recovery.
“With some of the most celebrated and internationally recognised brands available in over 100 markets abroad produced here, the Irish drinks industry plays a crucial role in supporting the Irish economy and promoting Ireland abroad,” said Kathryn D’Arcy, Director of Alcohol Beverage Federation of Ireland.
“The Irish drinks industry, however, remains an industry under pressure, with excise on alcohol among the highest in Europe. I would urge the Government to support this important sector of the national economy in every way possible so that export growth can be fostered effectively.”
© 2013 - Checkout Magazine by Karis Copp